Apparently you don’t need to be a startup to attempt a pivot. Back in March, Betabeat told you about mounting exasperation among local entrepreneurs toward New York Angels, the dotcom legacy investing group (circa 1997) run by its venerable chairman David S. Rose. At the time, Mark Birch, an independent New York angel investor, told us, “The NY Angels process is broken, because their model has stayed the same, while the environment has changed.”
Now, it seems, Mr. Rose is trying to adapt to these modern times through AngelSoft, the New York company he founded in 2004 to make software for investors to help them manage deal flow and collaborate with investors.
As Bloomberg reports, AngelSoft is launching an online marketplace to hookup potential investors with the right to entrepreneurs and hoping “financial matchmaking” ensues. Along with the pivot, AngelSoft will change its name to Gust. See, thinking like a startup already.
OKAY, OKAY, IF YOU’RE GOING TO LECTURE US… LigerTail, which powers a promoted topics-esque widget, raised $50,000 from one anonymous investor after trundling along for three years. We reached founder Leonid Kozhukh, who did not want to talk about money. “None of these details are pertinent right now. We’re focused on getting publisher adoption,” he said when Betabeat asked who the investor was and where he plans to direct the funding. “All we want to talk about is the product and the ongoing problems in advertising that we’re trying to solve.” We scheduled an interview to talk about the idea, which is pretty cool, tomorrow. “Do me a favor and show LT to whoever is in charge of bizdev at Betabeat,” Mr. Kozhukh added. We’re going to spend the interim sorting out our feelings about indie movie references as start-up names.
MOAR RAISES. FanBridge raised a zillion dollars from 12 investors! Wait. Co-founder Noah Dinkin talks us down. “Just a delay in filing the form” from their January raise. Consmr, which launched today, will be raising funding soon. “I’m going to take a day to relax, and then we’ll start raising,” founder Ryan Charles said.